A man accused of selling fake insurance to hundreds of small trucking and construction companies was arrested after officials raided his home in Gwinnett County, Ga.
State investigators say 63-year-old John Kill posed as the CEO and collected premiums under Appeal Insurance Agency, a phony entity that provides no coverage.
Investigators believe the Kill’s insurance scam may involve victims outside the Metro Atlanta Area, as they found customer files from 10 states across the southeast and as far north as Vermont.
Until now, the scam turned out to be lucrative for Kill.
“The amount of money we seized in the bank accounts had hundreds of thousands of dollars in it,” Hudgens said.
Those who believe they were a victim of this scam are urged to contact the Insurance Department’s Customer Services Division at 1-800-656-2298.